Southern Energy (CVE:SOU) Trading Down 15.8% – Here’s What Happened

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price traded down 15.8% during mid-day trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares were traded during mid-day trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.

Southern Energy Stock Performance

The stock has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The stock has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.13.

About Southern Energy

(Get Free Report)

Southern Energy Corp. operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets containing oil and gas production at Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, Mississippi. The company was formerly known as Standard Exploration Ltd.

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